\floatfoot{\footnotesize\textit{Notes.} RD and difference-in-differences estimates of the effects of the New Haven,  CT warnings intervention. The samples for these regressions consist of the universe of applicants to grades PreK, and K in the NHPS simulator study i.e that have been randomized into either control or one of the two treatment groups or the equivalent comparison group in the 2019 application process. RD specifications are based on local linear fit, dropping observations with  predicted portfolio risk of less than 1\% of more than 99\%. For the  difference-in-differences panel, no observations are dropped based on their risk score. Robust SEs in parentheses. See section \ref{sec:NH} for details.}